Tag: DigitalAssets
Crypto crackdown – draft manual tightens cross-border controls
The South African Reserve Bank (SARB) and National Treasury published the draft Crypto Asset Manual for Cross-Border Activities for public comment on 3 August 2026. This marks a watershed moment for South Africa’s crypto asset holders and South African Authorised Crypto Asset Service Providers (CASPs). For the first time, cross-border crypto transactions will face a comprehensive regulatory framework with the force of law.
Treasury’s crypto clarification, but what changes now?
The National Treasury and the South African Reserve Bank’s (SARB’s) updated statement on the Draft Capital Flow Management Regulations has moved South Africa’s crypto regulation debate into a more practical phase. Just as importantly, Treasury and SARB have clarified that the draft regulations are not intended to criminalise the possession of crypto assets or apply retrospectively.
Bitcoin and conflicting judgments – where does the industry stand?
For years, one question has shaped South Africa’s crypto debate. It sounds simple, but it carries major legal consequences. If bitcoin is bought in South Africa and moved to a wallet linked to an offshore custodian, has capital left the country? The latest High Court ruling brings that question into sharper focus. It shifts attention away from what Bitcoin is. Instead, it focuses on what Bitcoin can do.
Virtual asset regulation – Africa’s shift to structure
Africa is entering a defining period for virtual asset regulation. As adoption accelerates, driven by fintech innovation, remittance demand and a digitally savvy youth population, governments across the continent are recalibrating their regulatory posture.
